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Cost of Living in Norwalk, CA

Population 99,789 · Census ACS 2020–2024 5-year estimates

Median rent$2,090
Median home value$644,700
Median household income$100,085

The median rent in Norwalk, CA is $2,090/month, 3% higher than the California median and 48% higher than the U.S. median. The median home value is $644,700, 94% higher than the national median. Households earn a median of $100,085 a year, about the same as the state median.

Affordability

Rent as a share of median income: 25.1%
Income needed for median rent (30% rule): $83,600/yr
Home price-to-income ratio: 6.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,260/mo

Run your own numbers: mortgage calculator · hourly to salary

Norwalk vs. California vs. U.S.

NorwalkCaliforniaU.S.
Median rent$2,090$2,036$1,413
Median home value$644,700$734,700$332,700
Median household income$100,085$99,122$80,734
Homeownership rate68.3%55.9%65.2%
Bachelor's degree or higher21.3%37.1%35.7%
Poverty rate9.3%12.0%12.5%
Unemployment rate5.7%6.6%5.2%
Work from home7.9%17.2%15.1%
Median age37.337.938.9

FAQ

What is the average rent in Norwalk, CA?

The median gross rent in Norwalk, CA is $2,090 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Norwalk, CA?

Using the common 30% rule, renting a median-priced home takes about $83,600 a year in gross income.

Is Norwalk, CA expensive to live in?

Rent there is 48% higher than the U.S. median, and the median home costs about 6.4 times the median household income.

Other cities in California

Los Angeles, CARent $1,933 · Income $81,939San Diego, CARent $2,313 · Income $108,077San Jose, CARent $2,669 · Income $146,427San Francisco, CARent $2,476 · Income $140,970Fresno, CARent $1,421 · Income $70,991Sacramento, CARent $1,779 · Income $87,321

Cities with a similar cost of living

Hunters Creek, FLRent $2,088 · Income $99,195Elmwood Park, NJRent $2,074 · Income $101,740Quincy, MARent $2,118 · Income $98,882Miami Lakes, FLRent $2,120 · Income $101,557San Tan Valley, AZRent $2,085 · Income $96,713North Lynnwood, WARent $2,145 · Income $101,088

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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